E*TRADE Financial (ETFC) jumps on Q4 earnings, revenue

E*TRADE Financial Corporation (NASDAQ: ETFC) shares surged 8.1% to $24.49. E*Trade reported Q4 adjusted earnings of $0.26 per share on revenue of $461 million. Credit Suisse upgraded E*Trade Financial from neutral to outperform and raised the price target from $24.00 to $28.00. Share volume totaled more than five million, or nearly double an all-day average of 2.6 million.